MYCRON STEEL BHD

KLSE (MYR): MYCRON (5087)

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Last Price

0.485

Today's Change

-0.005 (1.02%)

Day's Change

0.475 - 0.50

Trading Volume

257,100


3 people like this.

3,802 comment(s). Last comment by gorengkitty 3 days ago

bing

3,794 posts

Posted by bing > 2016-12-06 17:58 | Report Abuse

天啊!明天会好吗?So good company why drop?

Dhuhaboy

50 posts

Posted by Dhuhaboy > 2016-12-06 18:02 | Report Abuse

I dun understand

Up_down

4,305 posts

Posted by Up_down > 2016-12-06 18:18 | Report Abuse

Mycron had gone up by 400% to 500% in less than a year couple with No dividends and weaknesses in market sentiments. Many have locked profits regardless of low PER.

Ramada

655 posts

Posted by Ramada > 2016-12-06 18:24 | Report Abuse

And you don't know whether there has impairment loss in next quarter. Just a word, up too much, so drop also fast.

bing

3,794 posts

Posted by bing > 2016-12-06 18:55 |

Post removed.Why?

bee881

12 posts

Posted by bee881 > 2016-12-06 18:57 | Report Abuse

CS got invisble hand, Mycron got who ler?

FutureEyes

102 posts

Posted by FutureEyes > 2016-12-06 20:46 | Report Abuse

Looks like Prestar will overtake Mycron soon.

hklcheng

1,317 posts

Posted by hklcheng > 2016-12-07 00:30 | Report Abuse

what is the next support level?……any suggestion ?

IamGoogle

836 posts

Posted by IamGoogle > 2016-12-07 00:37 | Report Abuse

Price drop will trigger more panic sale

IamGoogle

836 posts

Posted by IamGoogle > 2016-12-07 00:40 | Report Abuse

The price chart is showing really bad shape of pattern

bing

3,794 posts

Posted by bing > 2016-12-07 09:30 |

Post removed.Why?

bing

3,794 posts

Posted by bing > 2016-12-07 09:45 |

Post removed.Why?

Warn3r

792 posts

Posted by Warn3r > 2016-12-07 09:45 | Report Abuse

Sigh...Panic selling continues from yesterday afternoon... Shed 3 cents (3.8%) by 10 am...

Undercover

172 posts

Posted by Undercover > 2016-12-07 09:50 | Report Abuse

Don't understand why are there so much panic sellers. Those steel counters with a negative QR don't even drop that much.

Ramada

655 posts

Posted by Ramada > 2016-12-07 09:50 | Report Abuse

So pity, no mercy in stock market.

Tom

2,984 posts

Posted by Tom > 2016-12-07 10:12 |

Post removed.Why?

ahdi

274 posts

Posted by ahdi > 2016-12-07 10:14 | Report Abuse

thanks to OTB....

2016v

310 posts

Posted by 2016v > 2016-12-07 10:15 | Report Abuse

game over??

Posted by GOD_OF_KLSE > 2016-12-07 10:22 | Report Abuse

yes .... game over !!!

pukimaaaakkk mycron

bee881

12 posts

Posted by bee881 > 2016-12-07 10:24 | Report Abuse

Right issue will be coming soon according to famous broker, stay tuned.

Ramada

655 posts

Posted by Ramada > 2016-12-07 10:42 | Report Abuse

Earn money but never pay dividend to shareholders.

Acon888

144 posts

Posted by Acon888 > 2016-12-07 10:51 |

Post removed.Why?

John1234

2,020 posts

Posted by John1234 > 2016-12-07 10:52 | Report Abuse

This is yet another "creative" work of the stockists. They try to push down prices to create fear in a counter, in a bad and quiet mkt. Trading vol consists mainly of their own trades.

This also helps to "clear" weak holders and maybe,to pave way for the CNY mini rally next month.

Just sharing my views. Not a buy or sell call.

asiv92

84 posts

Posted by asiv92 > 2016-12-07 11:00 | Report Abuse

@bee881 i think your friend din do homework la. why need to blame the sifu's? he wana invest his money listen to others meh?

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-12-07 11:00 | Report Abuse

a good buy is a share with good business, good people and good numbers in that order.

Mycron got what to justify up 200% in 12 months?

2016v

310 posts

Posted by 2016v > 2016-12-07 11:00 | Report Abuse

promoters also dissappeared frm forum
probably already sold
good job

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-12-07 11:01 | Report Abuse

smart chap, Mr wealth.

he is good

moneycashrich

2,101 posts

Posted by moneycashrich > 2016-12-07 11:30 | Report Abuse

This stock has fallen from 1.20 to 75sen, a 37% drop. Even it go up, only can reduce losses. I have sold out at RM1.10+++. Should cut loss at 10% or earlier.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-12-07 11:32 | Report Abuse

smart money

Ramada

655 posts

Posted by Ramada > 2016-12-07 11:38 | Report Abuse

Market sentiment no good, cannot sleep well if you still holding this counter.

Posted by 明天会更好 > 2016-12-07 11:39 | Report Abuse

跌跌不休何时止

moneycashrich

2,101 posts

Posted by moneycashrich > 2016-12-07 11:43 | Report Abuse

I am buying this morning. Maybe can buy some Starbucks coffee if profited.

Posted by 明天会更好 > 2016-12-07 11:45 | Report Abuse

跌下跌下就会浮现买机,个人决定耐心等待那一刻的到来

Posted by 明天会更好 > 2016-12-07 11:49 | Report Abuse

人弃我取,也许将来我弃人取 :)

hewiester

449 posts

Posted by hewiester > 2016-12-07 11:49 | Report Abuse

Bought some since the price is lower than prestar - mycron on SALE. Keep and wait for CNY rally

Posted by 明天会更好 > 2016-12-07 11:52 | Report Abuse

也许我是马后炮,但请不要怪别人,当YKGI和CSC Steel成绩出来的时候,就感觉不妙了,理想和现实原来是那么近又那么远。

hewiester

449 posts

Posted by hewiester > 2016-12-07 12:14 | Report Abuse

Mycron has become a super undervalued counter with more than 55 to 60% discount if conservative TP is set around $1.65 to $1.72

KLCI King

3,220 posts

Posted by KLCI King > 2016-12-07 12:18 | Report Abuse

If price drop so much already, it will easily trigger panic sale from those weak holders, no joke.

KLCI King

3,220 posts

Posted by KLCI King > 2016-12-07 12:18 | Report Abuse

Catching knife is always hurt, better watch out

Hotrod

730 posts

Posted by Hotrod > 2016-12-07 12:54 | Report Abuse

It its proven that all OTB stocks will suffer the similar fate at the end. First is the export stocks, then Gadang, then Mycron. CSC and Gkent will be next.

MrPauper

1,031 posts

Posted by MrPauper > 2016-12-07 13:01 | Report Abuse

hewiester, on what basis that a conservative TP of 1.65 - 1.72 is set?

asiv92

84 posts

Posted by asiv92 > 2016-12-07 13:54 | Report Abuse

hmm wonder can reach 0.695 anot.. inital price I entered this share :/

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-12-07 13:59 | Report Abuse

Hot



OTB will tell you shares with good numbers

but must must YOURSELF choose shares with good business, good people and good numbers in that order.

stockmanmy

6,977 posts

Posted by stockmanmy > 2016-12-07 14:04 | Report Abuse

Hot


Good numbers is said to be objective
Business and people is said to be subjective

you must know thyself
your own risk profile, risk preference.

Advisers in a hurry to be heroes

Its your money...he says so already.

ikwan85

10 posts

Posted by ikwan85 > 2016-12-07 14:05 | Report Abuse

Oversold, buy before rebound later.
All in margin at RM0.74 @RM100k.
Cheers !!!

Posted by Jolin Lai Chi Pet > 2016-12-07 14:09 | Report Abuse

yes!!!!!!!!!!should be limit up before christmas..............BUY!!!!!!

moneycashrich

2,101 posts

Posted by moneycashrich > 2016-12-07 14:50 | Report Abuse

Do not blame OTB and other Sifus. How we make use of the info for our investment is most important. Happy trading and investing.

ikwan85

10 posts

Posted by ikwan85 > 2016-12-07 14:51 | Report Abuse

Retailer please don't sell, will rebound later.
Big boy scare retailers only.

Posted by ABCDEFGHIJKLMN > 2016-12-07 14:54 | Report Abuse

If got chance, better sell, or else short term trading become long term investment

Ooi Teik Bee

11,200 posts

Posted by Ooi Teik Bee > 2016-12-07 14:57 | Report Abuse

Posted by Hotrod > Dec 7, 2016 12:54 PM | Report Abuse

It its proven that all OTB stocks will suffer the similar fate at the end. First is the export stocks, then Gadang, then Mycron. CSC and Gkent will be next.

Ans : I am not god, I cannot be 100% correct.
Both TA and FA of Mycron are good when I recommended. No apology is needed. Likewise, Cscstel and Gkent.

If I recommend Genetec, I will apologize because it is a losing money stock. You can blame me because I did not do enough homework.

If my apology will make you happy, I will apologise because I want you to be happy.
Thank you.
Ooi

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